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Bovespa Sinks on Revision;
Tech Selloff Haunts Canada

A Wall Street Journal Online NEWS ROUNDUP

Updated June 20, 2002 10:00 p.m. ET

An outlook revision and technology-sector concerns took their toll on key Americas shares Thursday as Canada was unable to prevent a tech selloff and Brazil's Bovespa sank on a lowered outlook from Moody's Investors Service.

Selling in the technology and telecom-related stocks weighed on the S&P/TSX Composite Index, which fell 22.41 points to 7225.35.